Thread: Somebody Lending Me Land For Free

Sometime ago I found a ad on craigs list about land that somebody is letting people use for free. I responded and met with the guy, I told him I wanted to grow trees on it. I asked him what it was in for him , he said nothing and that he wanted to help somebody out. You can use the land for free. What type of legal protection should I have before planting trees on it , since trees are a big commitment before selling them 5- 7 years from now. I live in NY

You are blessed to have this opportunity. Ask the owner if he would have any objections
Leasing the land to you for say a $1.00 per year. If he agrees find an attorney that handles leases and or contract law. Have an agreement drawn up protecting both of your rights, make sure it is a multiple year agreement. Check with your a accountant as well to see if there are any special filings needed for your state. If the owner agrees. I wish you both a long and profitable relationship.
easy-lift guy